Insurance technology news from KoiReader Technologies, Whitespace and more. (Credit: TippaPatt/Shutterstock)
KoiReader Technologies partnered with Loadsure, a forward-thinking insurtech MGA, providing revolutionary insurance solutions to the cargo and logistics community. KoiReader's cutting-edge technology enables automated ingestion and validation of cargo claims information, through real-time, autonomous processing of complex, multipage documents, with zero touch in a lights out operation. The transformative solution went live in 2023 and automates the digitalization of information from a wide range of cargo documents, including commercial invoices, packing lists, inland bills of lading, consignment notes and delivery receipts.
Whitespace and Ardonagh Specialty announced that Price Forbes has dramatically widened its adoption of the Whitespace Platform. All lines of business will now start their placements from data-first templates on Whitespace, with API integration being delivered throughout 2024. With this latest partnership, it now joins an increasing number of firms who are adopting Whitespace's innovative platform across all lines of business, embracing the data-first approach, and benefitting from the ability to offer, negotiate, place and bind (re)insurance contracts in a truly digital form, with the resulting efficiencies being substantial.
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